The new layoffs will bring Nissan's total workforce cuts to about 20,000 jobs. Last year, the automaker announced plans to cut 9,000 workers and previously announced nixing plans to build a plant in Japan.

Nissan Motor unveiled sweeping new cost cuts on Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.

On Tuesday, the Japanese automotive corporation Nissan announced that it plans to cut 20,000 jobs worldwide. This decision is a response to the company's significant net loss in the completed fiscal year 2024/2025.

The struggling automaker, still going it alone after the failure of merger talks with Honda, has confirmed plans to cut 20,000 jobs in the next few years, including 9,000 announced in November. It will also shut seven of its 17 factories by 2027,

Nissan said on Tuesday it is making significant reductions to its workforce and scaling back factory production, citing results during its just-completed fiscal year. The Japanese automaker said

The carmaker said it will slash 20,000 jobs—more than doubling its previously announced plan—as part of cost-cutting efforts to turn around weak sales.